Law Lawsuits

  • NEW YORK, Jan 13- The U.S. Supreme Court on Friday agreed to decide whether firms collecting on debt they bought for pennies on the dollar can be held liable in lawsuits brought by debtors they targeted under a federal law cracking down on debt collectors' abusive practices. The justices agreed to review a lower court's decision to dismiss a consumer class action...

  • Takata will plead guilty, agrees to $1B settlement

    Takata will plead guilty to wire fraud and agrees to pay a $1 billion settlement for rupture-prone airbag case, U.S. Justice Department says. CNBC's Phil LeBeau reports.

  • The logo of the Japanese auto parts maker Takata is displayed at a car showroom in Tokyo on January 13, 2017.

    The U.S. Justice Department announced on Friday that a grand jury has indicted 3 former Takata executives over air bag recalls.

  • District Judge Amos Mazzant in Sherman, Texas stopped the rule from taking effect Friday as planned. The decision is a victory for dialysis providers Fresenius Medical Care, DaVita Inc and U.S. Renal Care Inc, which filed a lawsuit to block the rule last week. The rule, announced by the U.S. Department of Health and Human Services on Dec. 14, would require dialysis...

  • SAN FRANCISCO— A federal appeals court has revived a lawsuit accusing Apple of having an illegal monopoly on the sale of iPhone apps. The 9th U.S. Circuit Court of Appeals said Thursday the plaintiffs have the right to sue Apple because they purchased apps directly from the company. The lawsuit says Apple only allows developers to sell iPhone apps through its App...

  • SAN FRANCISCO, Jan 12- iPhone app purchasers may sue Apple Inc over allegations that the company monopolized the market for iPhone apps by not allowing users to purchase them outside the App Store, leading to higher prices, a U.S. appeals court ruled on Thursday. The 9th U.S. Circuit Court of Appeals ruling revives a long-simmering legal challenge originally...

  • SEATTLE— Two former Microsoft workers are claiming their work reviewing abuse, child pornography and other graphic material flagged for removal caused them post-traumatic stress disorder. The Seattle Times reported Wednesday that Henry Soto and Greg Blauert have filed a lawsuit against Microsoft Corp. claiming the technology company was negligent and...

  • Jan 12- The Arizona Attorney General plans to file a lawsuit against Theranos Inc over a "long-running scheme of deceptive acts and misrepresentations" related to the company's blood-testing equipment, according to a state bidding document. Theranos, founded by Elizabeth Holmes in 2003, said last year it would close its clinical labs and Wellness Centers,...

  • LOS ANGELES— Grammy winner Richard Carpenter is suing over royalties he contends are owed from licensing "Carpenters" songs for online services such as Apple's iTunes. Carpenter filed the lawsuit Wednesday in Los Angeles Superior Court against Universal Music Group seeking more than $2 million in royalties. An email message to Universal Music Group was not...

  • TRENTON, N.J.— A New Jersey family whose son got his foot stuck in a mall escalator and had to have his toes amputated has filed a lawsuit against the mall and the company that made the escalator. Celestino Rivas and Maria Jimenez, of Trenton, said in the suit filed last month that their then-7-year-old son was left disabled and disfigured by the Dec. 14, 2014 accident...

  • WASHINGTON— As a businessman, Donald Trump has kept the courts busy. Just last week, the president-elect sat for a deposition in a lawsuit involving his Washington hotel, and he is still tied up in legal disputes that are to proceed after Inauguration Day. "He is going to be not just a litigation magnet, but a litigation vortex that sucks in every political and...

  • SAN FRANCISCO, Jan 10- Former Kleiner Perkins Caufield& Byers partner Ellen Pao, whose 2012 gender discrimination lawsuit against the venture firm fueled a debate over tech industry diversity, has joined Oakland- based Kapor Center for Social Impact as an investor and diversity advocate, Kapor announced Tuesday. Pao, also a former chief executive officer of the...

  • CHICAGO, Jan 9- A New York federal judge has shot down an effort by creditors of the former Tribune Co to claw back $8 billion from shareholders who sold stock in the publisher's 2007 buyout, bringing a long-running legal battle sparked by its bankruptcy closer to an end. The ruling stems from the tangled litigation following real estate mogul Sam Zell's...

  • WASHINGTON— As a businessman, Donald Trump has kept the courts busy. Just last week, the president-elect sat for a deposition in a lawsuit involving his Washington hotel, and he is still tied up in legal disputes that are to proceed after Inauguration Day. "He is going to be not just a litigation magnet, but a litigation vortex that sucks in every political and...

  • Donald Trump attends the grand opening ceremony at the new Trump International Hotel October 26, 2016 in Washington, DC.

    Only a handful of presidents have undergone legal depositions during their terms, and even fewer have become embroiled in private lawsuits. Trump is poised to join that small club.

  • Families of terror victims sue Twitter for 'aiding and abetting' terror

    Twitter is being sued by the families of Americans killed in Paris and Brussels terror attacks last year for aiding and abetting terrorism. Tom Ajamie, Ajamie LLP, weighs in.

  • WASHINGTON— As a businessman, Donald Trump has kept the courts busy. Just last week, the president-elect sat for a deposition in a lawsuit involving his Washington hotel, and he is still tied up in legal disputes that are to proceed after Inauguration Day. Trump is also under investigation by the New York attorney general over whether he used his charity for...

  • The Volkswagen logo is displayed at Serramonte Volkswagen on November 18, 2016 in Colma, California.

    Volkswagen announces "concrete draft of a settlement" with the U.S. Department of Justice for $4.3 billion which includes fines over emission scandal. CNBC's Phil LeBeau reports.

  • Jan 10- Wal-Mart Stores Inc has been ordered by a federal judge to pay $16.08 million to a former New Hampshire pharmacist in a gender bias case, but the amount is only about half what a jury awarded and may fall substantially further. District Judge Steven McAuliffe also asked the New Hampshire Supreme Court to advise whether the plaintiff Maureen McPadden was...

  • Traffic moves over the Hudson River and across the George Washington Bridge between New York City (R), and in Fort Lee, New Jersey.

    The agency is the first municipal bond issuer to admit wrongdoing in an enforcement action with U.S. securities regulators.